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Exercise of the put for the residual 30% stake still held in Vindémia

Paris, June 20, 2007, pdf file

Pursuant to the decision of its Board of Directors, BOURBON has exercised the put for the 30% of Vindémia still held to date, to Groupe Casino.

Vindémia will be deconsolidated in the BOURBON financial statements once the sale of the shares is completed. The exercise of this option represents the final step in BOURBON’s withdrawal from Vindémia.

About BOURBON

With 4700 professionals and a fleet of 265 owned vessels, BOURBON offers, in more than 25 countries, a broad range of offshore oil and gas marine services, towage, assistance, salvage and bulk shipping.

By 2010, in line with its strategic plan BOURBON intends to become the leader in modern offshore oil and gas marine services by offering the most demanding international clients worldwide the services of a full line of new generation, innovative and high-performance vessels.

Classified by Euronext in the "Oil Services" sector, BOURBON is listed on Eurolist Paris, Compartment A and is included in the Deferred Settlement Service (SRD) and the SBF 120 and Dow Jones Stoxx 600 indices

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